alt Hacker NewsExcellent reply thank you!
So why then does it seem that corporations do in fact shield executives from criminal charges? Is this just collusion among the well-off? Money buys verdicts?
I’m happy to take your word on limited liability as IANAL (obviously) but it sure as hell seems like executives ought to go to jail a LOT more than they do. Corporations do terrible things in the world and are seemingly never held to account.
Finally, looking to my own education, can you suggest a place to read up on this topic so I am not flatly wrong in the future? Thx in advance :)
Laymen here: my guess would be that the financial and social resources corporate representatives have access to (both personally and through the entity that has a vested interest in them not going to jail) make the prospect of prosecuting them for criminal misconduct unappetizing. It would be a lot of time and money to send people with a lot of powerful friends to jail for a handful of years, at best. As a prosecutor, what's better for your career: that, or spending significantly fewer resources putting street-level criminals in prison for 5, 10, 20 years?
The issues at hand seem distinct but related.